Transfer pricing requires evidence for AMP transactions, functionally reliable comparables, and appropriate aggregation or Berry Ratio benchmarking me...
Revisionary jurisdiction cannot reopen share capital assessments where adequate inquiry supports a permissible view and no independent error is establ...
Reassessment jurisdiction fails where unverified portal information is aggregated without examining the taxpayer's explanation or relevance of entries...
Statutory sanction for delayed reassessment requires approval from the prescribed authority; approval by an inferior authority invalidates jurisdictio...
Transfer pricing margin adjustments require matching treatment of non-operating income and related costs, with comparability issues reconsidered on ev...
Preliminary-expense amortisation and MAT exempt-income adjustments prevailed, while trademark costs and managerial remuneration require fresh verifica...
Export valuation requires contemporaneous evidence; unrelated invoices cannot prove overvaluation, and dual penalties on firm and partner are impermis...
The Doon Square project was treated as separately resolved, completed, and backed by occupancy certification with the sole lender's dues discharged. On construction of Clause 6 of the Master Agreement dated 08.10.2024, the co-developers were expressly empowered to sign, execute and present for registration sub-lease deeds, flat buyers' agreements and other transfer documents in favour of allottees. Because the Agreement had already been noticed and directed to be implemented, no further impediment remained to execution of registration documents, and the co-developers could jointly nominate an authorised person before the statutory authority for that purpose.
The Doon Square project was treated as separately resolved, completed, and backed by occupancy certification with the sole lender's dues discharged. On construction of Clause 6 of the Master Agreement dated 08.10.2024, the co-developers were expressly empowered to sign, execute and present for registration sub-lease deeds, flat buyers' agreements and other transfer documents in favour of allottees. Because the Agreement had already been noticed and directed to be implemented, no further impediment remained to execution of registration documents, and the co-developers could jointly nominate an authorised person before the statutory authority for that purpose.
Note: It is a system-generated summary and is for quick reference only.